LEASE AGREEMENT (WITH OPTION TO PURCHASE)Lease Agreement • August 9th, 2010 • Advocat Inc • Services-skilled nursing care facilities • West Virginia
This Lease Agreement (“Lease”) is made and entered into as of the 14th day of July 2010 (the “Effective Date”), by and between A.B.E., LLC, a West Virginia limited liability company (herein called the “Lessor”), and DIVERSICARE ROSE TERRACE, LLC, a Delaware limited liability company (herein called the “Lessee”).
May 25, 2010Advocat Inc • August 9th, 2010 • Services-skilled nursing care facilities
This letter will confirm the terms of the agreement (the “Agreement”) between Raymond L. Tyler (“Tyler”) and Advocat Inc. and/or any of its wholly-owned subsidiaries (collectively the “Company”). Capitalized terms used in this letter but not defined herein shall have the meaning ascribed to them in the Employment Agreement between Tyler and the Company dated March 31, 2006 as amended March 9, 2009 (“Employment Agreement”).
